View Single Post
  #35  
Old March 5th 04, 10:28 PM
Dude
external usenet poster
 
Posts: n/a
Default

It sounds like they let you use their plane for training, but you only paid
expenses?

It would be illegal for them to rent you the plane without 100 hour
inspections and such. If they are just attached to it, it makes no
difference. The fact that you have been flying the plane is a plus, and may
be a reason to pay higher than normal becuase you have reduced risk, but not
too much.

You still want to conduct a proper prebuy inspection.

Depreciation will be an issue mostly because the plane does not have a glass
cockpit, and if you pay too much. Glass is being announced on so many
planes, and until a retrofit is available any given model, it "could" affect
values.

(there are lots of skylane owners around here dying to sell their planes).

Falling US dollar should not affect the value of a 172 adversely. Why do
you think it would?



"RD" wrote in message
...
Hi John,

I'm not sure of the logic, but it's the only new 172R at the airport. The
current owners are attached to it I think if that makes any sense. In

fact,
I did all my training on it from day one just through a friendly

arrangement
I have with them. I know the planes history basically since the day it
arrived from the factory. I can't comment any further on why they'd like

to
see it stay at the local airport. They have no intentions of leasing it

back
as they are quite content with their new aircraft.

The only concern I have is with depreciation and the falling US dollar.

Ryan

"John Galban" wrote in message
om...
"RD" wrote in message

...
snip
The
only reason the price is low, compared to what I see advertised

anywhere
else, is they want to keep the plane in the city.


You mentioned this before, but I'm having trouble understanding the
logic behind it. What difference does it make to the seller where the
plane goes? Are they going to want to lease it back?

John Galban=====N4BQ (PA28-180)